Relx Plc (LON:REL – Get Rating)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,449.56 ($30.47) and traded as high as GBX 2,471 ($30.73). Relx shares last traded at GBX 2,464 ($30.65), with a volume of 2,308,193 shares changing hands.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. The Goldman Sachs Group set a GBX 2,962 ($36.84) target price on Relx in a research report on Wednesday, February 22nd. UBS Group set a GBX 2,650 ($32.96) target price on Relx in a research report on Thursday, February 16th. Barclays downgraded Relx to an “equal weight” rating and set a GBX 2,585 ($32.15) target price on the stock. in a research report on Tuesday, January 31st. Credit Suisse Group set a GBX 2,860 ($35.57) target price on Relx in a research report on Friday, February 17th. Finally, Deutsche Bank Aktiengesellschaft set a GBX 2,000 ($24.88) price objective on Relx in a research report on Friday, February 17th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 2,547.13 ($31.68).
Relx Trading Down 1.1 %
The firm has a market cap of £46.82 billion, a P/E ratio of 2,933.33, a PEG ratio of 1.94 and a beta of 0.47. The company has a debt-to-equity ratio of 179.27, a current ratio of 0.59 and a quick ratio of 0.45. The stock has a 50 day moving average of GBX 2,573.88 and a 200 day moving average of GBX 2,449.56.
RELX PLC provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.
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